Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

20 - 22a Victoria Road, Woolston, Southampton, SO19 9DX

not specified / Retail / Retail - High Street

For Sale - £550,000.00

Available - Last updated: 11 June 2019

Description

The properties occupy a prominent position in the centre of Woolston's retail offering, an established secondary trading position about 2 miles outside of Southampton City Centre. The parade predominantly comprises Independent A1, A3 and A5 operators with some notable nationals including, Superdrug, Betfred, Subway and Boots Pharmacy.
The properties are 3 storey with storage accommodation at basement level; retail with traditional shop frontage at ground and first floor residential, enjoying independent access from Victoria Road. There is substantial parking to the rear of the site that could be suitable for development subject to obtaining necessary planning permissions.



Bullets Points 1

20, Victoria Road Ground Floor Retail67.4 sq m
20, Victoria Road Basement 74.5 sq m
22, Victoria Road Ground Floor Retail 64 sq m
22 Victoria Road, Basement 85.1 sq m

Residential
20a 64m2
22a 91m2


Bullets Points 7

20 Victoria Road: B-43
22 Victoria Road: C-52

Bullets Points 3

The property is available freehold subject to the benefit of the existing leases at a guide price of £550,000. A purchase at this level reflects a Gross Yield of 7.3% and a Net Yield of 7% subject to purchasers costs at 4.8%

Bullets Points 2

Rateable Value 20 Victorica Road: £10,250
20 Victoria Road Basement: £1,975
22 Victoria Road: £9,200
22A Victoria Road: TBC
The 2019/2020 standard multiplier is 0.491(49.1p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
( Agency Pilot Software Ref: 6240 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £550,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Tom George

Primmer Olds B.A.S

023 81810923



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks for your enquiry

We propose sending emails to you about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.